Everybody Loves Languages Reports Financial Results for the Second Quarter Ended June 30, 2025

TORONTO--(BUSINESS WIRE)--

Everybody Loves Languages Corp. (“ELL”) (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), www.everybodyloveslanguages.com, an edtech language learning edutainment and content development company, announces its financial results for the second quarter ended June 30, 2025. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted.

Q2 2025 Operational Highlights

• Online English Language Learning:
  • Launched an AI Virtual Tutor, branded as “AVI” for:
    • All EFS versions including EFS Mobile, EFS, EFS+
    • AcadeMe Junior
    • All other courses including all the world languages programs
  • Enhanced reporting and analytics for AcadeMe Junior
• Content-Based English Language Learning:
  • Continued the development of additional supplementary material for the PEP books

Q2 2025 Financial Highlights

	Second Quarter Ended June 30th		2025			2024
	Revenue	$	964,862		$	991,288
	Operating and development expenses		579,634			567,435
	Income before amortization, share-based payments, depreciation, finance charges and taxes		385,228			423,853
	Amortization, share-based payments, and depreciation		10,246			31,055
	Finance charges, taxes, foreign exchange		216,276			42,520
	Net profit		158,706			350,278
	Total comprehensive income	$	188,106		$	344,818
	Earnings per share	$	0.00		$	0.01

• Revenue for the second quarter ended June 30, 2025, totaled $964,862 as compared to $991,288 in Q2 2024.
• Operating and development expenses for the quarter ended June 30, 2025, totaled $579,634 compared to $567,435 in Q2 2024. Included as a reduction of selling, general and administrative expenses are government grants of $66,547 relating to the Company's publishing and software projects as compared to $57,274 for the same period in 2024. The Company invested $128,139 in product development in the second quarter of the fiscal year compared to the investment of $142,381 in Q2 2024.
• Net profit for the quarter ended June 30, 2025, was $158,706 or $0.00 earnings per share (basic) based on 35.6 million shares or $0.00 earning per share (diluted) based on 37.5 million shares as compared to a net profit of $350,278 for Q2 2024 or $0.01 earnings per share (basic) based on 35.5 million shares or $0.01 earnings per share (diluted) based on 37.6 million shares.
• Income before amortization, share-based payments, depreciation, finance charges and taxes was $385,228 in Q2 2025 compared to the income of $423,853 in Q2 2024.

Financial Highlights for the Six-Month Period Ended June 30, 2025

	Six Month Period Ended June 30th		2025				2024
	Revenue	$	1,327,815			$	1,141,265
	Operating and development expenses		1,100,910				1,059,660
	Income (loss) before amortization, share-based payments, depreciation, finance charges and taxes		226,905				81,605
	Amortization, share-based payments and depreciation		20,409				45,463
	Finance charges, taxes and foreign exchange		219,224				(13,675	)
	Net profit (loss)		(12,728	)			49,817
	Total comprehensive income (loss)	$	17,600			$	32,491
	Earnings (Loss) per share	$	(0.00	)		$	0.00

• Revenue for the six-month period ended June 30, 2025, totaled $1,327,815 compared to $1,141,265 for the same period in 2024.
• Operating and development expenses for the six-month period ended June 30, 2025, totaled $1,100,910 as compared to $1,059,660 for the same period in 2024. Included as a reduction of selling, general and administrative expenses are government grants of $131,542 received in 2025 compared to $109,2025 received in 2024. During the six-month period, the Company received $126,547 from Canada Book Fund relating to the Company's publishing and software projects, and $4,995 from Can Export GAS-Led Initiative Program as compared to all grants were received from Canada Book Fund in 2024. The Company invested $272,995 in product development for the period ended June 30 compared to the investment of $236,887 in 2024. The development cost is mainly attributed to the development of English for Success.
• Net loss for the six-month period was $(12,728) or $(0.00) loss per share (basic) based on 35.6 million shares or $(0.00) loss per share (diluted) based on 37.5 million shares as compared to net profit of $49,817 or $0.00 earnings per share (basic) based on 35.5 million shares or $0.00 earnings per share (diluted) based on 39.6 million shares for the same period in 2024.
• Income before amortization, share-based payments, depreciation, finance charges and taxes was $226,905, as compared to $81,605 for the same period in 2024.

“Our strategy remains centered on broadening our global footprint by building strong distribution partnerships and entering new markets. Adoption of our digital solutions continues to grow, and we actively incorporate insights from users and partners to refine and enhance our offerings, ensuring they remain relevant and impactful across all regions,” said Gali Bar-Ziv, President & CEO of Everybody Loves Languages.

The unaudited condensed interim financial statements for the quarter ended June 30, 2025, and Management Discussion & Analysis are available at www.sedarplus.ca.

About Everybody Loves Languages Corp. (TSX-V: ELL; OTC: LMDCF; FSE: LIMA):

Everybody Loves Languages Corp. is an edtech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology.

The Company provides online and print-based solutions through two distinct business units: Everybody Loves Languages Inc. and Lingo Learning Inc. Everybody Loves Languages is a state-of-the-art technology platform that delivers personalized learning experiences in classrooms and online. Its programs provide innovative SaaS-based eLearning solutions, including online and offline content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. At the same time, Lingo Learning is the content development arm and co-publishes print-based English language learning materials in China.

Everybody Loves Languages has established successful relationships with key government and industry organizations internationally, with a presence in LATAM and China, and continues to expand its product offerings and extend its market reach.

Follow Everybody Loves Languages on social media:

Facebook: https://www.facebook.com/everybodyloveslanguages
Twitter: twitter@elltechnologies 
YouTube: Everybody Loves Languages (ELL) 
LinkedIn: https://www.linkedin.com/company/elltechnologies

Portions of this press release may include "forward-looking statements" within the meaning of securities laws. These statements involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. These statements are based on management's current expectations and involve certain risks and uncertainties. Actual results may vary materially from management's expectations and projections and thus readers should not place undue reliance on forward-looking statements. Everybody Loves Languages has tried to identify these forward-looking statements by using words such as "may," "should," "expect," "hope," "anticipate," "believe," "intend," "plan," "estimate" and similar expressions. Everybody Loves Languages’ expectations depend upon general economic conditions, the continued and growth in demand for its products, retention of its key management and operating personnel, its need for and availability of additional capital and other uncontrollable or unknown factors. No assurance can be given that the actual results will follow the forward-looking statements. Except as otherwise required by securities laws, Everybody Loves Languages undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, changed circumstances or any other reason. Certain factors that can affect the Company's ability to achieve projected results are described in the Company's filings with the Canadian securities regulators available on www.sedarplus.ca.

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For further information, contact:

Khurram Qureshi

Tel: (647) 831-1462

Email: kqureshi@elltechnologies.com

Source: Everybody Loves Languages Corp.